Inspiring story in Austria

The community renewables initiative Windkraft Simonsfeld began life in 1995. Through the efforts of 107 local citizens, the project expanded with one goal in mind – to push forward an ‘energy transition’ that produces green, collectively-owned energy.

Today Windkraft Simonsfeld has 68 wind power stations in Austria (with a total power of 136 MW) and two in Bulgaria. The initiative turned into a joint stock company with more than 1,600 shareholders. Instead of being listed on a stock exchange, shares can be traded 24hours a day through an online platform. These measures have put energy production in the hands of the citizens who consume it, helping to work towards a greener future for all.